Mergers & Acquisitions ·
Yum! Brands reported second-quarter GAAP EPS of $3.08 and EPS excluding special items of $1.62 for the period ended…
YUMYum Brands Inc
Yum! Brands reported second-quarter GAAP EPS of $3.08 and EPS excluding special items of $1.62 for the period ended June 30, 2026. The company announced definitive agreements to sell its Pizza Hut business: international operations will be acquired by LongRange Capital, while Yum China will acquire the Mainland China unit. Worldwide system sales grew 5% excluding foreign currency translation, with KFC same-store sales up 7% and Taco Bell up 3%. The company also declared a quarterly dividend of $0.75 per share.